A class action against Blue Sky Alternative Investments won’t seek to transfer the case to contingency fee-friendly Victoria despite a High Court ruling that put the kibosh on solicitors’ common fund orders.
Under investigation by US class action firms for a stock price crash that followed last week’s announcement of a profit drop, Australian building materials giant James Hardie may also face the glare of homegrown law firms.
The administrators of the New South Wales Cyprus Community club can sell an inner Western Sydney property of “substantial value”, with a judge finding they are not subject to a condition under the Registered Clubs Act.
The Queensland Commissioner of State Revenue has lost an appeal against the Montessori Children’s Foundation after it refused the organisation’s bid to be registered as a charity to avoid property taxes.
Five passengers who were forced off a Qatar Airways flight and strip searched at Doha International Airport have taken their case to the High Court after a finding that Qatar’s aviation authority was immune from the suit.
Online trading platform IG Markets must pay over $5.5 million in damages to a customer, with a court finding a contract term that purportedly allowed it to reverse transactions made in error was unfair.
Aviation company Corporate Air Charter has exhausted its avenues of appeal in a case over pay for pilots on stand-by duty.
Gadens has poached three partners from Allens and Mills Oakley to grow its corporate practice.
A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.
Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration.